PRICE FIXING


Meaning of PRICE FIXING in English

ˈprice ˌfixing BrE AmE noun [uncountable]

1 . a system in which the government decides the prices of things SYN price control

2 . an agreement between producers and sellers of a product to set its price at a high level

Longman Dictionary of Contemporary English.      Longman - Словарь современного английского языка.